ContextLogic Holdings (LOGC) director reports settlement of 64,801 RSUs

Rhea-AI Filing Summary

ContextLogic Holdings Inc. director reports RSU settlement and share acquisition. A board member exercised and settled 64,801 restricted stock units (RSUs) into an equal number of shares of common stock on December 5, 2025, at an exercise price of $0 per share. Following this transaction, the director beneficially owns 90,485 shares of common stock directly.

The RSUs were granted for service on the Board of Directors and generally vest in full on the one-year anniversary of the grant date, subject to continued service, or on a pro-rata basis upon earlier termination of service. The Board may, in its discretion, accelerate vesting upon termination, and the RSUs fully vest in connection with a change in control or certain other Board-designated “special transactions.” Vested RSUs settle on or after the vesting date, and in any case within 60 days of vesting, unless a later settlement date is agreed in writing under company procedures.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Farlekas Michael

(Last) (First) (Middle)

2648 INTERNATIONAL BLVD STE 301

(Street)

OAKLAND CA 94601

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ContextLogic Holdings Inc. [ LOGC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/05/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/05/2025		M(1)		64,801	A	$0	90,485	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0	12/05/2025		M(2)		64,801		(3)	(3)	Common Stock	64,801	$0	0	D

Explanation of Responses:

1. The Reporting Person was granted Restricted Stock Units ("RSUs") which represent a contingent right to receive one share of Common Stock, $0.0001 par value, for each RSU. This reported transaction represents the settlement of RSUs vested as of December 5, 2025.

2. This reported transaction represents the settlement of RSUs vested as of December 5, 2026.

3. The RSUs were granted in connection with the Reporting Person's service as a member of the Board of Directors for the Issuer. Subject to the Reporting Person's continued service, the RSUs will vest in full on the one-year anniversary of the date of grant based upon continued service, or on a pro-rata basis upon termination of service, including resignation before vesting. Upon termination of service, the Board in its discretion may fully vest the Reporting Person's RSUs. RSUs will fully vest in connection with the occcurrence of a change in control or any other transaction the Board designates as a "special transaction". Vested RSUs will settle on or followaing the vesting date, but in any event within 60 days following the vesting date (unless the Reporting Person and the Issuer have agreed in writing to a later settlement date pursuant to the procedures the Issuer may prescribe at it's discretion).

	/s/ Marianne Lewis, Attorney-in-Fact	12/08/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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FAQ

What insider transaction did ContextLogic Holdings (LOGC) report in this Form 4?

A director of ContextLogic Holdings Inc. reported the settlement of 64,801 restricted stock units (RSUs) into an equal number of shares of common stock on December 5, 2025 at an exercise price of $0 per share.

How many ContextLogic (LOGC) shares does the director own after this transaction?

After the reported RSU settlement, the director beneficially owns 90,485 shares of ContextLogic Holdings Inc. common stock directly.

What are the key vesting terms of the ContextLogic (LOGC) RSUs reported?

The RSUs were granted for Board of Directors service and generally vest in full on the one-year anniversary of the grant date based on continued service, or on a pro-rata basis upon earlier termination of service.

Can ContextLogic (LOGC) accelerate vesting of the director’s RSUs?

Yes. The Board may, in its discretion, fully vest the RSUs upon termination of service, and the RSUs will fully vest upon a change in control or other Board-designated “special transaction”.

When are vested ContextLogic (LOGC) RSUs settled into shares?

Vested RSUs will settle on or following the vesting date, and in any event within 60 days after vesting, unless the director and the company agree in writing to a later settlement date under company procedures.

What does each ContextLogic (LOGC) RSU represent in this filing?

Each RSU represents a contingent right to receive one share of ContextLogic common stock with a par value of $0.0001 per share upon vesting and settlement.